Most of us desire to make a positive difference in the world. We want to help those who are less fortunate and support meaningful causes. But making an impact requires more than good intentions. Otherwise, you’d run the risk of turning your charitable initiatives into something with unintended, even damaging consequences.

This is where effective altruism comes in. It’s about using quality, data-driven evidence and careful reasoning to figure out how you can best help others with your resources. There’s no better person to speak about this topic than Philip Kasumu, Growth Lead at Founders Pledge, a non-profit organization dedicated to empowering entrepreneurs to do immense good with their future wealth. Every member of the Founders Pledge community makes a binding commitment to donate a percentage of any proceeds on a company’s exit to charity.

In this conversation, Philip explains how businesses can use effective altruism to best approach their social initiatives and how giving back can foster connection at work. He predicts that the new workforce will require companies to rethink their goals and approach to employee engagement and retention. Philip believes in the future, giving philanthropy and caring about the world will become synonymous with making profits and hiring the best talents.

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Show notes:

Read more about Founders Pledge

Listen to:

How I give By Founder Pledge

Start-up Hand me downs By Philip Kasumu

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Connect with Philip Kasumu on LinkedIn or send him an email at

philip@founderspledge.com